Greek PV Tender Resulting with Country’s Record-Breaking 0.04911 Euro / kWh Tariff

On the 2nd of April in Athens, in the middle of the Coronavirus crisis, Greece held its latest renewable energy tenders. This tender ended up with the lowest tariff ever awarded to a renewable energy project in the country. The tariff was set to 0.04911 Euros / kWh for a 200 MW solar project in Ptolemaida, the mining region in Greece’s Macedonia province. State-owned utility Public Power Corp. (PPC) is supporting the project. 

This tender was the country’s second joint renewable tender for both technologies Solar and Wind in the same pot. The result was awarding a 502.94 MW capacity project, with 350 MW of solar. These projects serve as the initial phase of a plan to build 3 GW of PV power in the mining regions of Greece. 

EMV, supported by France’s EDF, offered a rate of 0.05068 Euro / kWh – the 2nd-lowest tariff and won a 70 MW solar project in Evrotas, on the Peloponnese Peninsula. Heliothema Energy was awarded to develop a 42 MW solar park for 0.05087 Euro / kWh in Thiva, located in central Greece. The Fourth-lowest bid at 0.05464 Euro / kWh was toward a 153 MW wind farm in northern Greece.

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Source:@ pv-magazine & @Solar_Edition

Photo:@ Step Edge @Solar_Edition 

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